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Bitcoin's "Deceased" Founder: A Potential Driver of Cryptocurrency PricesFor a long time, the United States' expanding trade deficit, its $35 trillion debt pile, and the continued decline in the purchasing power of the dollar have been considered key drivers of Bitcoin's price surge. Even the possibility of Republican candidate Trump winning the election in November has been cited as a bullish catalyst for the cryptocurrency recently

Bitcoin Surges Past $69,000 as Investors Bet on Improved Regulatory Environment After US ElectionBitcoin prices breached the $69,000 mark on Monday, reaching a multi-month high, fueled by investor optimism over improved regulatory conditions in the wake of the US presidential election and substantial inflows into exchange-traded funds (ETFs).As of 8:30 am Monday, Bitcoin was up about 1% at $69,372 (S$90,857), although it later retreated slightly but remained above $68,654 by 11 am

Bitcoin Falls out of Top 10 Global Asset Market Cap, Brazil's Central Bank Accelerates Digital Asset Regulation

Ethereum Price Prediction: Key Data Releases to Watch This WeekEthereum's price movement this week is expected to be influenced by several key data releases. Investors should pay close attention to:I

Ethereum Price Target Lowered to Below $6,000 as Pullback Risks PersistIn a nutshell, Glassnode's on-chain data reveals that the current cycle's peak target for Ethereum has now been lowered to below $6,000. This downward revision contradicts earlier predictions, primarily driven by waning ETF inflows and selling pressure

Ethereum Trading Volume Leads the Pack, Can It Surpass Bitcoin?Every blockchain in today's world operates in its own way, resulting in different standards and advantages and disadvantages. Nonetheless, there are certain parameters that can be compared

Bitcoin Surges Past $68,000, Bulls Remain Strong, Ethereum Poised for Breakout: In-depth Market Analysis and Investment StrategySince entering October, the global economic landscape continues to be complex and volatile. However, the Federal Reserve maintained interest rates unchanged, hinting at potentially easing monetary policy in the future

Ethereum Classic (ETC) Surges 38% in 24 Hours!Ethereum Classic (ETC) has experienced a strong rebound after a period of lull, surging 38% in the past 24 hours! Yesterday, the price of Ethereum Classic was around 13.8 yuan, while today it reached a high of 18

Dogecoin Sell-off: Price Plummets as Investors Turn to Other CryptocurrenciesDogecoin, once a frontrunner in the cryptocurrency space, is facing a turbulent period. Its prolonged price stagnation, failing to deliver the expected returns to investors, has led to a mass sell-off

BlackRock CEO Fink Admits Error on Bitcoin View as its Bitcoin ETF Trading Hits Record HighThe world's largest asset manager, BlackRock (NYSE: BLK), which manages a staggering $13 trillion in assets, has seen its CEO, Larry Fink, admit his views on Bitcoin were wrong. On October 14, 2024, BlackRock's Bitcoin (BTC) strategy reached new heights as the company's spot Bitcoin ETF crossed $1

BlackRock Embraces Digital Assets: A Bright Future for Bitcoin and Ethereum?In the realm of digital currencies, Bitcoin and Ethereum stand out as two of the brightest stars. Larry Fink, CEO of BlackRock, recently made statements during the company's latest earnings call that have thrust these two digital assets back into the spotlight

Base's Rise: Coinbase's L2 Network Overtakes Arbitrum as Ethereum Ecosystem LeaderBase, the Ethereum Layer-2 scaling solution launched by cryptocurrency exchange Coinbase, has exhibited remarkable growth in the past two months, positioning itself as a frontrunner in the race for dominance within the Ethereum ecosystem. Data from IntoTheBlock reveals that Base's transaction volume has surged significantly over the past two months, capturing 40% to 60% of all transactions, surpassing Optimism and Arbitrum